UPDATE 1-Turkish vehicle production halves in November

Newswire

ISTANBUL, Dec 17 (Reuters) - Production in Turkey's vehicle industry halved in November from a year earlier, as the leading export sector felt the impact of an abrupt downturn in European demand as a result of the global financial crisis. Data released on Wednesday by the Turkish Automotive Industry Association (OSD) showed the slow-down accelerating rapidly after vehicle production fell by more than 20 percent in October. Vehicle production fell to 59,082 units in November. Shares in ...

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